Is 21074, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 21074 was a Seller's Market.
Housing Prices in 21074, MD
How much do homes in 21074, MD cost?
Median Sold Price
$380,750
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 21074 was $380,750 in March 2024, up 1.6% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | - | N/A |
2 Bedrooms | $220K | $225.5K | +2.5% |
3 Bedrooms | $338.7K | $357.9K | +5.7% |
4 Bedrooms | $462.5K | $480K | +3.8% |
5+ Bedrooms | $595K | $575K | -3.4% |
Summary: 21074 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Zip Codes
21120 | $595K | $634.9K | +6.7% |
21074 | $374.8K | $380.7K | +1.6% |
21102 | $439K | $439.9K | 0.2% |
Housing Supply in 21074, MD
How many homes are available in 21074, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 38 | -2.6% |
Summary: The 21074 real estate market had 38 homes for sale in March 2024, a 2.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 2 | -66.7% |
3 Bedrooms | 14 | 18 | +28.6% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 21074 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 21074 in March 2024, down by 33.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for 21074, MD
How long does it take to sell a home in 21074, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 5 Days | -81.9% |
Summary: Homes in 21074 had an average of 5 days on market in Mar 2024, down by 81.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 21074; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.